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College of William & Mary Law School William & Mary Law School Scholarship Repository Faculty Exams: 19441973Faculty and Deans1961Preparation of Tax Forms: Final Examination (June 2, 1961) William

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Gather all necessary documents such as W-2 forms, 1099s, receipts, and other income or deduction documents.

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What is preparation of tax forms?

Preparation of tax forms involves gathering all necessary financial information and documents in order to accurately report income, deductions, and credits on the appropriate tax forms.

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Individuals, businesses, and other entities that earn income are required to file preparation of tax forms.

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Preparation of tax forms can be filled out manually or electronically, by entering all relevant financial information in the designated sections of the forms.

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The purpose of preparation of tax forms is to calculate the amount of tax owed or refund due based on the reported income, deductions, and credits.

What information must be reported on preparation of tax forms?

Information such as income, expenses, deductions, credits, and personal information must be reported on preparation of tax forms.

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